Fitch Rating

Fitch Affirms Bharti Airtel at 'BBB-' with stable outlook

For stable outlook, it said that it expects recovery in Bharti Airtel's Indian mobile segment and continued growth in Africa and the enterprise segment.

Jun 21, 2019, 10:38 AM IST

Fitch affirms long-term ratings of six banks at 'BBB-' with stable outlook

The agency also affirmed BBB- rating of Bank of Baroda (New Zealand), Canara Bank and Bank of India (BOI).

May 31, 2019, 11:00 AM IST

Fitch affirms PNB's Issuer Default Rating

Fitch said it expects credit costs to remain elevated, with ageing provisions adding to the burden.

Nov 28, 2018, 12:44 PM IST

Reforms to push India's growth to 8% by FY'19: Fitch

In its latest Global Economic outlook, Fitch Ratings said it expects India's real GDP growth to rise to 8 percent by 2018-19, from 7.9 percent in 2017-18 and 7.7 percent in 2016-17.

May 26, 2016, 19:27 PM IST

Fitch retains India's rating, says growth will continue

India will continue to post good growth despite subdued prospect for the Asia Pacific region amid expected rise in US rates, dollar strength, and lower commodity prices, Fitch said while retaining India's rating.

Dec 14, 2015, 18:37 PM IST

Real possibility of govt delaying fiscal deficit targets: Fitch

Managing fiscal arithmetic after implementing seventh pay panel recommendations will be a challenge and there is a "real possibility" of Finance Minister Arun Jaitley delaying the fiscal consolidation plan again, Fitch said Tuesday.

Dec 08, 2015, 17:53 PM IST

Realty sector unlikely to see FDI inflows in near term: Fitch

"The easing of investment norms under FDI policy for the real estate sector is more of a long term story, and is unlikely to result in any immediate increase in FDI in the near term," the ratings agency said in a statement.

Dec 01, 2015, 21:23 PM IST

New restructuring package for state discoms a positive: Fitch

Terming the new restructuring package offered to state discoms as a positive, Fitch today said states opting for the package and delivering on loss reductions over the medium-term is essential for the success of the programme.

Nov 30, 2015, 16:16 PM IST

Fitch affirms JLR ratings at 'BB-' with positive outlook

Fitch has reaffirmed the long-term foreign currency issuer default rating and senior unsecured ratings of Tata Motors-owned Jaguar Land Rover at 'BB-' with positive outlook.

Oct 23, 2015, 18:28 PM IST

Spectrum trading may curb excessive bidding in auction: Fitch

Ability of telecom operators to trade spectrum may curtail excessive bidding in future auctions, credit rating agency Fitch said Thursday.

Sep 10, 2015, 19:25 PM IST

'Rating upgrade for India in next 12-18 months'

India is currently at the last rung of investment grade, just a notch above the 'junk' status, by all three leading global credit rating agencies - Moody's, S&P and Fitch.

Apr 12, 2015, 13:51 PM IST

Fitch retains India's credit outlook at 'stable'

Global rating agency Fitch Thursday retained India's credit outlook at 'stable' saying although "dynamism" is back in the economy translation of reforms into higher growth would depend upon actual implementation.

Apr 09, 2015, 17:45 PM IST

Fitch Affirms Tata Motors at 'BB' with stable outlook

Rating agency Fitch today affirmed Tata Motors' long-term foreign currency issuer default rating at a speculative grade 'BB' with a stable outlook.

Jan 29, 2015, 20:19 PM IST

Fitch satisfied with overall macroeconomic situation: Mayaram

Representatives of global rating agency Fitch Monday discussed India's prospects with finance ministry officials, who said they were satisfied with the country's overall macroeconomic situation.

Feb 03, 2014, 20:49 PM IST

India's ratings already reflect Fed tapering fears: Fitch

Fitch rates India at "BBB-minus", the lowest investment grade rating. It revised its outlook for the country to "stable" from "negative" in June.

Nov 21, 2013, 11:16 AM IST

India can't afford fiscal slippages: Fitch

Global rating agency Fitch on Thursday cautioned that fiscal slippage could have negative bearing on India's sovereign rating, which is at the lowest investment grade in view of weakening CAD and persistent inflationary pressure.

Oct 03, 2013, 20:30 PM IST

Fitch revises India's credit outlook to stable

Taking note of the government's efforts to contain fiscal deficit, Fitch Ratings revised India's Outlook to Stable from Negative and affirmed 'BBB-' rating.

Jun 12, 2013, 17:02 PM IST

Policy execution key to rating assessment: Fitch

"Public commitments and policy announcements by the Indian government so far in 2013 are encouraging signals that the authorities want to maintain the momentum towards fiscal consolidation and structural reform generated since last summer," the agency said in a note.

Feb 04, 2013, 23:18 PM IST

Fitch repeats rating threat; Govt says 'nothing to worry'

Rating agency Fitch Tuesday warned of a downgrade in India's sovereign rating in the next 12-24 months citing slowing GDP growth and weak public finances.

Jan 08, 2013, 15:23 PM IST

Structural issues shave off aviation FDI sheen: India Ratings

The structural issues plaguing the domestic airlines industry take the sheen off the FDI push and are likely to keep off prospective investors, warns a report by India Ratings, the domestic arm of Fitch Rating.

Sep 20, 2012, 19:40 PM IST